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Auto Keratometer Market Share 2021 Future Trends, Manufacturers, Share, Opportunities, Strategies to Boost Growth, Applications with Covid-19 Impact till 2027 - Topcon, Potec, GRAND SEIKO, BON Optic

11-23-2021 08:27 AM CET | Health & Medicine

Press release from: Market Insights Reports

The Auto Keratometer Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Auto Keratometer Market Size is Projected to Reach at a CAGR of 5% during 2021-2027.

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Market Overview:

Increase in incidence of myopia and other refractive errors, launch of ophthalmic instruments offering accurate readings, and technological advancements are major driving factors for the auto keratometer market. Furthermore, the rise in awareness about astigmatism and its diagnosis is likely to be another driving factor for the auto keratometer market. Increase in number of ophthalmic clinics in the developing regions and diagnosis accuracy offered by auto keratometer are likely to drive the global market. Availability of various treatments such as lenses and Lasik surgery is expected to lower the complications of astigmatism condition.
Manufacturers have integrated auto refractor in the products in order to improve efficiency which has enhanced accuracy and demand of the auto keratometers. Surge in number of patients suffering from post-cataract surgery and pre-existing astigmatism condition is another prevailing factor for the market growth globally. The high cost of auto keratometers over manual keratometers is major restraining factor for the auto keratometer market.

Top Leading Companies:

Topcon, Potec, GRAND SEIKO, BON Optic, Nidek, Menicon, Visionix, Coburn Technologies

Recent Development:

Menicon Co has acquired 1 company. The Company’s most targeted sectors include retail (100%) Menicon's goal is to deliver safe contact lenses worldwide, placing the highest priority on the eye health of our customers.
Topcon has acquired 8 companies, including 4 in the last 5 years. Topcon has been acquired in 2 different US states, and 4 countries. The Company’s most targeted sectors include distribution (38%) and medical products (25%). Topcon Corp. engages in three key businesses: Precise positioning business (GNSS, machine control systems, laser and surveying instruments in the construction, survey, GIS, mobile control and agriculture markets), eye care (ophthalmic and optometric instruments), and Finetech instruments (semi-conductor inspection equipment, flat panel display equipment, and optical instruments). Topcon follows the “TM-1” philosophy: Time to Market No. 1, which drives the company to continually bring needed, world-leading products to market first. Topcon was founded in 1932 and is based in Tokyo, Japan.

Auto Keratometer Market Segmentation by Type:

Handheld Auto Keratometer
Benchtop Auto Keratometer

Auto Keratometer Market Segmentation by Application:

Hospitals
Clinics
Diagnosis Centers
Others

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North America to Lead Global Auto Keratometer Market

In terms of region, the global Auto Keratometer Market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
North America is projected to dominate the auto keratometer market during the forecast period, owing to technological advancements in the development of automated keratometer, growing demand of diagnosis of refractory errors, the prevalence of astigmatism condition, supportive health care expenditure, government initiatives, and creating awareness about astigmatism condition in the region. The presence of key players in developing automated keratometers is a major boosting factor for the growth of the market in the region. Moreover, the surge in health care expenditure and advanced health care facilities are anticipated to fuel the growth of the auto keratometer market in the region. Europe is estimated to hold the second-largest share of the global market followed by the Asia Pacific in the next few years. Growing demand and availability of automated keratometers, and increasing health care expenditure are major factors boosting the auto keratometer market in Europe.
The Asia Pacific is the fastest-growing region in the next few years, owing to the growing patient population suffering from astigmatism conditions. According to the WHO, the prevalence of myopia is higher in younger adults among the population of Asia. Prevalence of myopia is recorded higher in East Asia. Moreover, China, Japan, and Singapore had a total prevalence rate of myopia up to 50% in 2015. Comparatively, the prevalence of myopia estimated as per NCBI research was around 6.8% to 21.6% in 2016 globally.

Regional Auto Keratometer Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Auto Keratometer Market Report:

Detailed overview of Auto Keratometer Market
Changing the Auto Keratometer market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Auto Keratometer market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Auto Keratometer Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Auto Keratometer Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Auto Keratometer industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

We Offer Customization on Report Based on Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.

– Free Competitive analysis of any 5 key market players.

– Free 40 analyst hours to cover any other data point.

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Market intelligence data is a global front-runner in the research industry, offering customers contextual and data-driven research services. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.

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